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I am please needing help completing the Statement of Owner's Equity. (I've attached the Worksheet and Income Statement as a reference.) Balance Sheet Debit Debit
I am please needing help completing the Statement of Owner's Equity. (I've attached the Worksheet and Income Statement as a reference.)
Balance Sheet Debit Debit Income Statement Debit Credit Debit Credit 57,853.00 6,360.00 6.049.00 4,000.00 292.00 2,101.00 19.65 Account Number Name 1110 Cash 1120 Accounts Receivable 1130 Prepaid Insurance 1140 Prepaid Rent 1150 Office Supplies 1211 Office Equip 1212 Accum. Depr.-Office Equip. 1311 Computer Equip 1312 Accum. Depr.-Computer Equip. 1411 Building Cost 1412 Accum. Depr.-Building 1510 Land 2101 Accounts Payable 2102 Advanced Payments 2103 Interest Payable 2105 Salaries Payable 2201 Mortgage Payable 2202 Notes Payable 3100 Hudson Bloom, Capital 3300 Hudson Bloom, Withdrawals Adjusted Trial Balance Credit 57,853.00 6.360.00 6,049.00 4,000.00 292.00 2,101.00 19.65 212,610.00 3,543.50 125,000.00 310.85 24,000.00 1,545.00 212.610.00 Unadjusted Trial Balance Credit 57,853.00 0.00 1,235.00 0.00 6,312.00 0.00 6,000.00 0.00 705.00 0.00 2,101.00 0.001 0.00 0.00 212,610.00 0.00 0.00 0.00 125,000.00 0.00 0.00 0.00 24.000.00 0.00 0.00 1,545.00 0.00 0.00 0.00 0.00 0.00 0.00 134,100.00 0.00 106,750.00 0.00 182,321.00 1,900.00 0.00 Adjusting Entries Debit Credit 0.00 0.00 5,125.00 0.00 0.00 263.00 0.00 2,000.00 0.00 413.00 0.00 0.001 0.00 19.65 0.00 0.00 0.00 3,543.50 0.00 0.00 0.00 310.85 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 546.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 125,000.00 3,543.50 0.00 310.85 24,000.00 1,545.00 0.00 1.496.70 1,496.70 546.00 134,100.00 106.750.00 182.321.00 1,496.70 546.00 134,100.00 106,750.00 182.321.00 1,900.00 1,900.00 22,525.00 22,525.00 4100 Computer & Consulting Revenue 5010 Rent Expense 5020 Salary Expense 5030 Advertising Expense 5040 Repairs & Maint. Expense 5050 Oil & Gas Expense 5080 Supplies Expense 5090 Interest Expense 5100 Insurance Expense 5110 Depreciation Expense 0.00 0.00 1,820.00 475.00 1.265.00 840.00 0.00 0.00 0.00 0.00 17,400.00 0.001 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.000.00 546.00 0.00 0.00 0.001 413.00 1,496.70 263.00 3,874.00 5,125.00 0.001 0.00 0.00 0.00 0.001 0.00 0.00 0.00 0.00 2,000.00 2,366.00 475.00 1.265.00 840.00 413.00 1,496.70 263.00 3,874.00 2,000.00 2,366.00 475.00 1,265.00 840.00 413.00 1,496.70 263.00 3,874.00 442.116.00 442,116.00 13,717.70 13,717.70 453,157.70 453,157.70 22,525.00 440,165.00 Total NET INCOME Balance 12,992.70 9,532.30 22,525.00 430,632.70 9,532.30 440,165.00 22,525.00 440,165.00 A Byte of Accounting Income Statement For Month Ending June 30, 2021 Revenues Computer Revenue $ 22,525.00 Expenses Rent Expense Salary Expense Advertising Expense Repairs & Maint. Expense Oil & Gas Expense Supplies Expense Interest Expense Insurance Expense Depreciation Expense Total $2,000.00 $ 2,366.00 $ 475.00 $1,265.00 $ 840.00 $ 413.00 $ 1,496.70 $ 263.00 $ 3,874.00 $ 12,993.00 Net Income $ 9,532.00 A Byte of Accounting Statement of Owner's Equity For Month Ending June 30, 2021 Total Balance Beginning of Period Investment Net Income Withdrawals Balance, End of PeriodStep by Step Solution
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